Retail

The New Jersey retail landscape has changed, but the spending power of its residents hasn’t. Owners of malls, shopping centers and mixed-use projects will continue to adapt and invest in the state.

Retail
Valvoline, carwash opening at revitalized Maple Shade property, Vantage Commercial says

Valvoline has signed a long-term lease in Maple Shade as part of a site that will also house a new-look car wash business, brokers with Vantage Commercial announced Thursday.

Retail
LMC midyear survey highlights retailers’ resilience, growing use of tech and digital tools

Retailers in the region have enjoyed healthy sales and in-store traffic year to date, according to a new survey, paving the way for continued momentum despite global economic uncertainty.

Deals
Landscape business buys six-acre garden center property in Sparta, Zoltek says

A local operator has acquired a former nursery and garden center property in Sparta, in a newly announced deal by Zoltek Commercial Real Estate Services.

People
Red Bank-based First National Realty Partners promotes Collier to chief revenue officer

First National Realty Partners has promoted Sam Collier to chief revenue officer, touting his role in bolstering its standing with national accounts and major retailers.

Retail
Burlington takes 38,000 sq. ft. to bring Woodbridge center to full occupancy, LMC says

A busy shopping center in Woodbridge is now fully leased after securing a commitment from Burlington Stores, according to a brokerage team with Levin Management Corp.

Retail
Journal Squared welcomes Cangiano’s Marketplace to growing retail mix

Cangiano’s Marketplace has opened its doors at Journal Squared, the pioneering mixed-use development in Jersey City’s resurgent Journal Square district.

Retail
Agus, Treeco buy ShopRite-anchored retail center in South Plainfield for $40 million

A joint venture has acquired a nearly 220,000-square-foot shopping center in South Plainfield for $40 million, brokers with JLL announced Thursday.

Retail
Toastique set to open in Morristown with husband and wife team at the helm

The gourmet toast, juice and coffee bar concept known as Toastique is coming to Morristown, where a team of franchisees will open a new downtown location in just over a week.

Retail
Specialty grocer in Hammonton snags new downtown location, Vantage Commercial says

A specialty grocery store has found a new location in Atlantic County after leasing space in downtown Hammonton, in a deal arranged by Vantage Commercial.

Residential & Mixed Use
JLL: Buyer wanted for Edgewater property with 62 apartments, Whole Foods-anchored retail

An upscale retail and residential property in Edgewater is on the market for sale, boasting a tenant roster that’s anchored by Whole Foods and 64 market-rate apartments.